Latest Car News in India

Tuesday, May 24, 2011

Diesel cars demand to increase exponentially in 3 years

The fuel prices are touching sky and after the recent increase in petrol prices, the conditions have further degraded. The best solution to this growing problem is a Diesel Car. Cars powered by a diesel engine not only run on lower fuel cost but also deliver a superior mileage which can further reduce the overall driving cost. At present the Diesel cars constitute a 30per cent share in the total sales but the estimations say that in coming 3 to 4 years this figure will jump to straight 50 per cent. The news is confirmed by some top officials working with big names like

Looking at the recent trend, the diesel car industry is running faster than the petrol driven cars. Now looking at the increasing price difference between the two fuel prices, this trend will further strengthen.

As per the statements made by Shashank Srivastava who is the Chief GM (sales & marketing) at Maruti Suzuki India, the diesel car industry will grow at a high rate and the contribution s\is likely to reach 45 to 50 % in coming three to four years as against the 30 per cent share at present.

The industry experts say that the major reason behind the increasing popularity of Diesel cars in Indian auto market is the lower running cost associated with it and second major reason is continuous Government’s interference in making the petrol price high. With this trend, both the buyers and manufacturers are willing to bet on the fuel. Some of the top diesel models in the market at present include Maruti Swift, Volkswagen Polo and Ford Figo. These models carry long waiting list at the time the petrol versions are available at single call.

As per the statements made by Neeraj Garg who is the director of sales at Volkswagen Passenger Cars, the Diesel cars segment can grab half of the total sales in period of even less than 3 years. He also said that the changing trend has forced the company to produce more of Diesel cars.